CRE Midwest

Berkadia arranges $13.5M loan for Detroit self-storage portfolio

EZ-Storage-1

The 10-year permanent, fixed-rate loan features a 30-year amortization schedule.

Berkadia announced the financing of EZ Storage, a portfolio of self-storage units located in Detroit and Farmington Hills, Michigan. The 10-year permanent, fixed-rate loan features a 30-year amortization schedule.

Managing Director Terry Halverson of the Detroit office secured the $13.5 million loan through a CMBS lender.

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